Today price headed up wonderfully, and it may do so next opening but I'm expecting a retracement before new highs are formed watch the Sibi shown and the inversion. GOOODTRADING YALL. $£
Plan now is to wait for London session and watch the inversion fvg on the 15 minute to see if potential longs will form... that void is low resistance to trade up against
As seen on the gold price is reaching for liquidity that makes sense for it to head up... in my analysis you can see we are in premium, and almost in discount. the inversed FVG shown in the 4h is likely to push price lower or likely to fail and push price higher.
Looking at the behaviour of silver, price may drop a little further to fully gravitate into support below 2605.25 area and head up from the inversion sellside fvg. or it may head up from the volume gap found in 4h 2637.51. I will be watching those areas for liquidity grab and watch the reaction from within that high resistance zone.
